1/ “The real revolution is not in electronic money, it is in electronic trust” - Visa founder Dee Hock
At Visa, we believe that stablecoins and smart contracts have the potential to revolutionize the global lending ecosystem and enable new onchain credit networks
2/ Working with @AlliumLabs, we found that over the last 5 years, $670B of stablecoin denominated loans have already been originated through smart contracts to over 1M unique wallet addresses on protocols like @aave, @compoundfinance, and @MorphoLabs
3/ We are excited to help our global network of 14k+ banks understand the risks and opportunities of onchain lending and find ways to participate in it as it evolves
4/ Check out our latest whitepaper on Stablecoins beyond payments: the onchain lending opportunity
5/ Follow the growth of onchain lending at
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